After a very disappointing first quarter of the year with home sales failing to climb over 2024’s already anemic levels, signs are finally emerging that we’ve turned the corner to have some...
Continue ReadingAfter a very disappointing first quarter of the year with home sales failing to climb over 2024’s already anemic levels, signs are finally emerging that we’ve turned the corner to have some...
Continue ReadingThe housing market story of the last three years has been interest rates, of course. As mortgage rates rose, home buyer demand slowed. As demand slows, inventory grows. Home sales remain...
Continue ReadingThe spring housing market is trying to find its footing. Pending home sales inched up for the week with some small gains, and new listings volume hit its biggest week since September. List...
Continue ReadingOver the last two months of economic uncertainty, the yield for the 10-year treasury has declined by 60 basis points from 4.8% to 4.2%. The 30-year fixed mortgage has followed suit,...
Continue ReadingHome prices in 2025 are a couple percent above where they were last year at this time. People often ask, “how can it be possible that home prices are still climbing even though the cost of...
Continue ReadingHome price appreciation across the country is barely positive compared to last year at this time. Depending on how you measure it, home prices are about 2% higher on average across the...
Continue ReadingThere are two trends that bubbled to the surface in this week’s housing market data. We talked last week about how the price reductions leading indicator has been growing more bearish for...
Continue ReadingThere are some really interesting price trends happening across the country right now. I mentioned last week how weakness in demand had cause some of the measures for home price changes to...
Continue ReadingRecently we’ve shared that inventory of unsold homes is growing, and that in recent weeks, home sales have faltered in the face of 7% mortgage rates. We’re going to focus today’s video on...
Continue ReadingNew contracts for home purchases are coming in very low this month. We counted 10% fewer home sales for the week than the same week a year ago.In the fourth quarter of 2024, sales were...
Continue Reading